Manufacturing
production increased by 1,8% in December 2020 compared with December 2019. The largest positive contributions were made
by the following divisions:
·
food and beverages (6,4% and contributing 2,2 percentage points);
·
motor
vehicles, parts and accessories and other transport equipment (18,1% and contributing 0,8 of a percentage
point);
·
basic iron and steel, non-ferrous metal products, metal products and
machinery (3,6% and contributing 0,6 of a percentage point); and
·
wood and wood products, paper, publishing and printing (3,7% and
contributing 0,4 of a percentage point).
The petroleum, chemical
products, rubber and plastic products division (-12,3% and contributing -2,9 percentage
points) was a significant negative contributor.
Seasonally
adjusted manufacturing production decreased by 0,1% in December 2020 compared
with November 2020. This followed month-on-month changes of -0,6% in November
2020 and 2,5% in October 2020.
In 2020, total
manufacturing production decreased by 11,0% compared with 2019. All ten
manufacturing divisions reported negative growth rates over this period. The
largest contributions were made by the following divisions:
·
basic
iron and steel, non-ferrous metal products, metal products and machinery (-13,1% and contributing
-2,4 percentage points);
·
motor
vehicles, parts and accessories and other transport equipment (-26,0% and contributing -2,1 percentage
points);
·
petroleum,
chemical products, rubber and plastic products (-9,1% and contributing -2,0 percentage
points);
·
wood and wood products, paper, publishing and printing (-13,3% and
contributing -1,4 percentage points); and
·
food and beverages (-4,2% and contributing -1,2 percentage points).
Seasonally
adjusted manufacturing production increased by 5,2% in the fourth quarter of
2020 compared with the third quarter of 2020. Nine of the ten manufacturing
divisions reported positive growth rates over this period.
The largest positive
contributions were made by the following divisions:
·
food and beverages (5,4% and contributing 1,7 percentage points);
·
motor
vehicles, parts and accessories and other transport equipment (22,3% and contributing 1,5 percentage points);
·
basic iron and steel, non-ferrous metal products, metal products and
machinery (5,1% and contributing 0,9 of a percentage point); and
· wood and wood products, paper, publishing and printing (7,1% and contributing 0,7 of a percentage point).